Group Insurance Underwriter III Salary in the United States

How much does a Group Insurance Underwriter III make in the United States?

As of March 01, 2026, the average salary for a Group Insurance Underwriter III in the United States is $94,897 per year, which breaks down to an hourly rate of $46.

However, a Group Insurance Underwriter III's salary can vary significantly. Here’s a look at the typical salary range:

  • Top Earners (90th percentile): $107,384
  • Majority Range (25th-75th percentile): $86,639 to $101,433
  • Entry-Level (10th percentile): $79,121
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View as table View as graph 25% $86,639 10% $79,121 90% $107,384 75% $101,433 $94,897 50%(Median) Didn’t find job title? Click

Group Insurance Underwriter III Salaries by Percentile

Annual
Salary
Monthly
Pay
Weekly
Pay
Hourly
Wage
75th Percentile $101,433 $8,453 $1,951 $49
Average $94,897 $7,908 $1,825 $46
25th Percentile $86,639 $7,220 $1,666 $42
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Key Factors That Influence Group Insurance Underwriter III Salaries

A Group Insurance Underwriter III's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location, education and company size can directly affect your earning potential.

How Experience Level Affects Group Insurance Underwriter III Salaries?

Experience is a primary driver of a Group Insurance Underwriter III's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:

  • Entry-Level (less than 1 year): $61,648
  • Early Career (1-2 years): $72,634
  • Mid-Level (2-4 years): $94,416
  • Senior-Level (5-8 years): $110,304
  • Expert (over 8 years): $135,931
Levels Salary
Underwrit... Level Group Insurance Underwriter III$61,648
Underwrit... Level Group Insurance Underwriter III$72,634
Group Ins... Level Group Insurance Underwriter III$94,416
Underwrit... Level Group Insurance Underwriter III$110,304
Underwrit... Level Group Insurance Underwriter III$135,931
$61,648 0 yr
$72,634 < 2 yrs
$94,416 2-4 yrs
$110,304 5-8 yrs
$135,931 > 8 yrs
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What Am I Worth?

How Do Group Insurance Underwriter III Salaries Vary from State to State?

Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Group Insurance Underwriter IIIs. For example, consider the average annual salaries in these key locations:

  • District of Columbia: $105,070.
  • California: $104,671.
  • Massachusetts: $103,276.

Top Paying Cities for Group Insurance Underwriter IIIs

Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:

  • San Jose: $119,693
  • San Francisco: $118,516
  • Oakland: $115,888

What Skills Can Increase a Group Insurance Underwriter III's Salary?

Demanded Skills for the Role:

  • Customer Service (Mentioned in 6.15% Job Postings): Customer service is the provision of service to customers before, during and after a purchase. The perception of success of such interactions is dependent on employees "who can adjust themselves to the personality of the guest". Customer service concerns the priority an organization assigns to customer service relative to components such as product innovation and pricing. In this sense, an organization that values good customer service may spend more money in training employees than the average organization or may proactively interview customers for feedback. From the point of view of an overall sales process engineering effort, customer service plays an important role in an organization's ability to generate income and revenue. From that perspective, customer service should be included as part of an overall approach to systematic improvement. One good customer service experience can change the entire perception a customer holds towards the organization.
  • Collective Bargaining (Mentioned in 1.54% Job Postings): Collective bargaining is a process of negotiation between employers and a group of employees aimed at agreements to regulate working salaries, working conditions, benefits, and other aspects of workers' compensation and rights for workers. The interests of the employees are commonly presented by representatives of a trade union to which the employees belong. The collective agreements reached by these negotiations usually set out wage scales, working hours, training, health and safety, overtime, grievance mechanisms, and rights to participate in workplace or company affairs. The union may negotiate with a single employer (who is typically representing a company's shareholders) or may negotiate with a group of businesses, depending on the country, to reach an industry-wide agreement. A collective agreement functions as a labour contract between an employer and one or more unions. Collective bargaining consists of the process of negotiation between representatives of a union and employers (generally represented by management, or, in some countries such as Austria, Sweden and the Netherlands, by an employers' organization) in respect of the terms and conditions of employment of employees, such as wages, hours of work, working conditions, grievance procedures, and about the rights and responsibilities of trade unions. The parties often refer to the result of the negotiation as a collective bargaining agreement (CBA) or as a collective employment agreement (CEA).
  • Financial Analysis (Mentioned in 1.54% Job Postings): Financial statement analysis (or financial analysis) is the process of reviewing and analyzing a company's financial statements to make better economic decisions to earn income in future. These statements include the income statement, balance sheet, statement of cash flows, notes to accounts and a statement of changes in equity (if applicable). Financial statement analysis is a method or process involving specific techniques for evaluating risks, performance, financial health, and future prospects of an organization. It is used by a variety of stakeholders, such as credit and equity investors, the government, the public, and decision-makers within the organization. These stakeholders have different interests and apply a variety of different techniques to meet their needs. For example, equity investors are interested in the long-term earnings power of the organization and perhaps the sustainability and growth of dividend payments. Creditors want to ensure the interest and principal is paid on the organizations debt securities (e.g., bonds) when due.
See More Skills
Skills Demand Percentage
Customer Service 6.15%
Collective Bargaining 1.54%
Financial Analysis 1.54%
What skills can make your compensation higher?
Mastering certain specialized skills can lead to a significant increase in pay. Here are examples of skills and the potential impact they can have on a Group Insurance Underwriter III's salary.
  • Sales Support: Can increase your salary by up to 17%.
  • Collective Bargaining: Can increase your salary by up to 11%.
  • Conflict Resolution: Can increase your salary by up to 7%.
Skill Salary Salary % Increase
Sales Support
$111,029
17%
Collective Bargaining
$105,335
11%
Conflict Resolution
$101,539
7%
Leadership Development
$99,642
5%
Consultative Services
$98,693
4%
Innovation
$98,693
4%
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How Education impacts a Group Insurance Underwriter III's Salary?

Your level of education can impact your salary potential. While many Group Insurance Underwriter IIIs enter the field with a Bachelor's Degree degree, higher education can lead to more specialized and higher-paying roles.

According to our 100% employer-reported salary data, the median salary for a Group Insurance Underwriter III with a Bachelor's Degree is between $91,478 and $97,844).

Group Insurance Underwriter III Salaries by Degree Level

Typical Education for Group Insurance Underwriter III
Degree Level % of user with this level of education
No Diploma 12.7%
High School 12.7%
Associates 6.3%
Bachelors 63.3%
Masters 17.7%
Doctorate 0.0%
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Group Insurance Underwriter III Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a Group Insurance Underwriter III's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.

Last Updated on March 01, 2026

Salary Trends for Group Insurance Underwriter III

Salaries for a Group Insurance Underwriter III can change over time, reflecting shifts in market demand and the overall economy. The median salary decreased from $100,487 in 2023 to around $94,289 in 2025, reflecting changes in demand, location, experience, and the wider economy. For a detailed analysis of Group Insurance Underwriter III salary trends, .

Average Annual Salary of Group Insurance Underwriter III Over Time

2022
$???
2023
$100,487
2024
$97,342
2025
$94,289
2026
$???
2027
$???
Year Average Annual Salary
2022
View More
2023 $100,487
2024 $97,342
2025 $94,289
2026
View More
2027
View More

Most common benefits for Group Insurance Underwriter III

Social Security
401(k)
Disability
Healthcare
Pension
Time Off (days)
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Common company salaries for Group Insurance Underwriter III

Here are companies hiring for Group Insurance Underwriter III and their salaries, click below for more details.

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Ready to take the next step in your career? Browse thousands of current Group Insurance Underwriter III job openings on our job board. Use the search bar below to find your perfect match.

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Where Does Our Salary Data Come From?

Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.

We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)

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